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Re: wadirum1 post# 972

Friday, 08/23/2019 5:05:15 PM

Friday, August 23, 2019 5:05:15 PM

Post# of 1386
I think it's a combination of an institution selling and computers playing games around it. It's probably like 1/4 institution and 3/4 games in volume. Imo, it'll end soon enough and the moment the selling pressure is gone the price will bump up. One plus is there seems to be a lot of support now at the $3.25 - $3.30 level.

The big thing going forward is their new products as it's key to locking in international and solidifying US sales. I think a pr around the DSEI show on the software control application (and possible Lithium Battery systems since the CEO said it was a hybrid system they were dealing with) will be very helpful in getting people to believe again at some level.

Also, the close today is just computers. I wouldn't read much into it.
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